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302 Margaret Street

302 Margaret Street, Rockwall, TX 75087
Sold Sep 20, 2022
Transfer
Sold Apr 15, 2021
$384,400
$307,500 by American Advisors Group
Mortgage
302 Margaret Street in Rockwall, TX was first built in 1905 and is 119 years old. Although, the building on the property was most recently renovated and altered in 1964. This has been categorized as a residential property type. It is a single story home. 302 Margaret Street has 1,648 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,400 ft and the linear feet between the front and back of the lot is 870. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Walk inside and you'll find flooring throughout the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $384,400 in Mar 24, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,859 in taxes each year. The initial year of tax delinquency occurred in 2018. 302 Margaret Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,783. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,128
  • Gross Building Area: 2,440
  • Building Area: 1,648
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,648
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: F & M
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: F & M, BLOCK 2, LOT NW/4 A

Ownership

  • Current Owner : HILLTOP ESCAPES INC
  • Previous Owner : PATRICK ADAMS-ROMANO KEVIN
  • Owner Before Previous Owner: LOFTUS GERALDINE
  • Owner Before Previous Owner 2: LOFTUS GERALDINE J
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040202

Zoning

  • Zoning: SF3

Geography

  • Assessors Map Reference: 283-L
  • Subdivision Tract Number: NW/4 A
  • Parcel: 16521
  • Block: 2
  • Lot: A
  • Municipality: ROCKWALL
  • Latitude: 32.934
  • Longitude: -96.4581

    Address

  • Full Address: 302 Margaret St
  • Address - House Number: 302
  • Address - Street Name: Margaret
  • Address - Suffix Type: St
  • State: TX
  • City Name: Rockwall
  • Carrier Code: C002
  • 4-Digit Zip Code: 2708
  • Zip Code: 75087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,859
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 337,684
  • High Value: 403,021
  • Low Value: 272,347

    Market Valuation

  • Market Total Value: $320,718
  • Market Land Value: $181,250
  • Market Improvement Value: $139,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,783

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 20, 2022
  • Current Sale Transaction ID: 11896217609
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 21017
  • Previous Sale Recording Date: Apr 15, 2021
  • Previous Sale Contract Date: Mar 24, 2021
  • Previous Sale Amount: $384,400
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS NATIONAL BANK
  • First Mortgage Transaction Date: Sep 20, 2022
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN ADVISORS GROUP
  • Previous Mortgage Transaction Date: Apr 15, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $307,500
  • Previous Mortgage Term: 999
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

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Frequently Asked Questions

What neighborhood is 302 Margaret Street located in?
The 302 Margaret Street is a located in the neighborhood of Northwest Rockwall in Rockwall, Rockwall.
What is the average sales price for listings in 302 Margaret Street?
The average sales price for units in 302 Margaret Street is $0 currently.

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